Central Asia: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Central Asia

The Central Asian agricultural product dryer market soared to $X in 2021, picking up by 45% against the previous year. Overall, consumption continues to indicate prominent growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Agricultural Product Dryer Production in Central Asia

In value terms, agricultural product dryer production shrank notably to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 55% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Agricultural Product Dryer Exports

Exports in Central Asia

Agricultural product dryer exports declined significantly to X units in 2021, which is down by -90.7% compared with the previous year's figure. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,533%. Over the period under review, the exports attained the maximum at X units in 2020, and then fell rapidly in the following year.

In value terms, agricultural product dryer exports surged to $X in 2021. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 757%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Uzbekistan was the main exporter of dryers for the treatment of agricultural products in Central Asia, with the volume of exports accounting for X units, which was near 79% of total exports in 2021. It was distantly followed by Kazakhstan (X units), making up a 21% share of total exports.

Uzbekistan was also the fastest-growing in terms of the dryers for the treatment of agricultural products exports, with a CAGR of +28.4% from 2012 to 2021. Kazakhstan (-9.3%) illustrated a downward trend over the same period. While the share of Uzbekistan (+65 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Kazakhstan (-64.9 p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) remains the largest agricultural product dryer supplier in Central Asia, comprising 85% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 15% share of total exports.

In Uzbekistan, agricultural product dryer exports expanded at an average annual rate of +52.5% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, increasing by 1,163% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+19.2%).

Agricultural Product Dryer Imports

Imports in Central Asia

In 2021, the amount of dryers for the treatment of agricultural products imported in Central Asia amounted to X units, remaining relatively unchanged against the previous year. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 211% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, agricultural product dryer imports surged to $X in 2021. Over the period under review, imports showed temperate growth. The most prominent rate of growth was recorded in 2017 with an increase of 346%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Uzbekistan was the largest importer of dryers for the treatment of agricultural products in Central Asia, with the volume of imports finishing at X units, which was near 54% of total imports in 2021. Kazakhstan (X units) held the second position in the ranking, distantly followed by Turkmenistan (X units). All these countries together held near 42% share of total imports. The following importers - Kyrgyzstan (X units) and Mongolia (X units) - each resulted at a 3.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Mongolia (with a CAGR of -3.7%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Turkmenistan ($X) were the countries with the highest levels of imports in 2021, together comprising 98% of total imports. These countries were followed by Mongolia and Kyrgyzstan, which together accounted for a further 1.7%.

Among the main importing countries, Mongolia, with a CAGR of -0.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Central Asia amounted to $X per unit, surging by 14% against the previous year. Import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural product dryer import price decreased by -18.7% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 43% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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